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Coca-Cola's Q3 earnings of 83 cents per share beat the First Call Q3 EPS consensus estimate of 82 cents per share, and, of course, Wall Street drove the shares lower on the morning of the announcement.

Most likely, the above selling stems merely from short-term institutional investors (IIs) exiting the stock, which is why I'm reiterating my Buy rating for The Coca-Cola Company (NYSE: KO), first recommended on February 15, 2009 at a price of $42.68.

Continue reading Coca-Cola: Pull-back is an opportunity to take a position

Coca-Cola: Pull-back is an opportunity to take a position originally appeared on BloggingStocks on Tue, 20 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>coca colaCocaColadrinksinstitutional investorsInstitutionalInvestorssodasport drinksSportDrinksTue, 20 Oct 2009 17:30:00 EST<![CDATA[Coca-Cola third quarter earnings preview]]>http://www.bloggingstocks.com/2009/10/19/coca-cola-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/10/19/coca-cola-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/10/19/coca-cola-third-quarter-earnings-preview/#commentsFiled under: , , , , , , , ,

coca cola earnings previewSoft drink giant The Coca-Cola Company (NYSE: KO) will be reporting its third quarter numbers tomorrow before the market opens.

The last time that Coca-Cola reported earnings was back in July when the company beat out analyst estimates by 3 pennies with a reported 92 cents per share. For the third quarter, analysts are expecting to the see the company show earnings of 81 cents per share.

Continue reading Coca-Cola third quarter earnings preview

Coca-Cola third quarter earnings preview originally appeared on BloggingStocks on Mon, 19 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

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